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EAC Invest AGM Information 2011

Mar 24, 2011

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Today EAC held its Annual General Meeting at Radisson BLU Falconer Hotel &
Conference Centre, Frederiksberg where the items on the agenda were presented.
All proposals were put forward by the Supervisory Board, and all proposals were
approved.

The Supervisory Board's report was adopted.

The Annual Report for 2010 including discharge of the Supervisory Board and the
Executive Board from their obligations for the year was approved.

The Supervisory Board's fees for 2010 and 2011 and the proposed dividend of DKK
5.00 per share were approved. Payment of the approved dividend is expected to
be made via VP Securities A/S on Wednesday, 30 March 2011.

The nominated candidates to the Supervisory Board: Henning Kruse Petersen, Mats
Lönnqvist, Connie Astrup-Larsen and Preben Sunke were re-elected.

KPMG, Statsautoriseret Revisionspartnerselskab, was re-elected as the Company's
auditor.

The proposal to authorise the Supervisory Board to let the Company acquire
treasury shares was approved as was the proposal for reduction of the Company's
share capital.

The proposal regarding the Company's remuneration policy was approved

Finally the chairman of the general meeting was authorised to file the adopted
resolutions with the Danish Commerce and Companies Agency.

At the subsequent meeting of the Supervisory Board Henning Kruse Petersen was
elected Chairman and Preben Sunke was elected Deputy Chairman.

For further information, please refer to the attached agenda with the complete
proposals.

Yours sincerely,

The East Asiatic Company Ltd. A/S

For additional information, please contact:

President & CEO Niels Henrik Jensen Group CFO
Michael Østerlund Madsen

+45 3525 4300
+45 3525 4300

[email protected]
[email protected]